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Daily Trading Forecasts for September 2, 2013

Sep 01 2013 @ 16:59
The EURUSD fell by roughly 170 pips last week, closing at 1.3222. There would be some short-lived bullish attempts this week, but the general outlook remains bearish. EURUSD: The EURUSD fell by roughly 170 pips last week, closing at 1.3222. There would be some short-lived bullish attempts this week, but the general outlook remains bearish. […]
 

GBPUSD Daily Analysis for August 30, 2013

Aug 30 2013 @ 08:10
Daily chart: The GBPUSD is finding strong support on the level of 1.5506. If the pair manages to break that level, it is expected to fall to the level of 1.5407, below the 200 day moving average. For now, there is a possibility that the GBPUSD will do a bullish rebound on the current levels […]
 

USDX Daily Analysis for August 30, 2013

Aug 30 2013 @ 08:05
Daily chart: The USDX was able to break very strong resistance at the 81.50 level and now this is consolidating above the 200 day moving average. It is likely that the start USDX form a lower high pattern to continue up to the next resistance level at 82.51. However, we must be very careful with […]
 

Daily Trading Forecasts for August 30, 2013

Aug 30 2013 @ 06:10
The USDCHF has gone upwards this week. Having moved upwards by over 100 pips, the next resistance level to be breached is 0.9350. EURUSD: This pair has moved downwards by more than 150 pips in this week. Trading below the resistance line of 1.3250, the next price target may be the support line at 1.3200. […]
 

USDX Daily Analysis for August 29, 2013

Aug 29 2013 @ 08:34
Daily chart: The USDX tried to break the resistance at 81.50, but was unsuccessful. Remember that the global uncertainty has grown around the current situation in Syria, where the USDX has reacted very irregular movements without clear trend. If the USDX fails to make a bearish rebound at current levels would be expected to fall […]
 

GBPUSD Daily Analysis for August 29, 2013

Aug 29 2013 @ 08:32
Daily chart: The GBPUSD is making a bullish rebound in the level of 1.5506, but is very likely to be the formation of a higher low pattern. If the pair manages to break that level, it is expected to fall to the level of 1.5407. On the other hand, the GBPUSD could rise again until […]
 

Daily Trading Forecasts for August 29, 2013

Aug 29 2013 @ 05:01
The EURUSD is now trading below the resistance level of 1.3300, targeting the support level at 1.3250. Furthermore the fundamental figures coming out today would have an impact on the Greenback. EURUSD: The EURUSD is now trading below the resistance level of 1.3300, targeting the support level at 1.3250. Furthermore the fundamental figures coming out […]
 

USDX Daily Analysis for August 28, 2013

Aug 28 2013 @ 08:38
Daily chart: The USDX made a strong bearish rebound in the level of 81.50, a resistance very important in this chart. It is very likely that the USDX to fall to support at 80.62 level, due to the weakness presented by the USDX in recent days. However, we do not rule out the possibility of […]
 

GBPUSD Daily Analysis for August 28, 2013

Aug 28 2013 @ 08:05
Daily chart: The GBPUSD touched the support at 1.5506 level and now, this is trying to break that level. If the pair manages to break that level, it is expected to fall to the level of 1.5407. On the other hand, the GBPUSD may conduct a bullish rebound in this support, because close to that, […]
 

Why I Risk My Shirt on Premier Gold Resources

Aug 28 2013 @ 01:57
Premier Gold Resources stock (LSE:PGR) is a significantly bull market, resulting from the recent long term consolidation. The events that led to this kind of price action have succeeded in triggering a long term bullish signal. In this profession of speculation, prices tend to react to events and fundamentals in speedy manners. This month, the […]
 
 
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